: Invest in permanent talent pipelines, employee training, and internal R&D. 2. Borrow: Strategic Partnerships
Build, Buy, or Borrow? How One HR Leader Chooses a Talent Strategy build borrow buy
The framework is a strategic decision-making guide used by organizations to fill resource or talent gaps . Originally popularized by Laurence Capron and Will Mitchell in their book Build, Borrow, or Buy: Solving the Growth Dilemma , it helps leaders choose the most effective path for growth. 1. Build: Internal Development : Invest in permanent talent pipelines, employee training,
Choose this path when your existing internal resources are highly relevant and you have superior capabilities that provide a competitive edge. : Invest in permanent talent pipelines
: Long-term innovation, protecting intellectual property, and developing core differentiating skills.